Charts are nothing more than collective records of buying and selling over a period of time. It has been observed that some chart patterns form on these price charts repeatedly over all timeframes and almost all markets. Many academics argue that financial markets are inherently random in nature. It has been observed that within this… Continue reading Harmonic Chart Patterns
Category: Metals
Richard Dennis Commodity Trader Turned $1,600 Into $200 Million in 10 Years!
Richard Dennis is considered to be a trading legend. He reportedly turned a borrowed $1,600 into $200 Million in a period of 10 years trading commodities. He is famous for his Turtle Trading Experiment. Turtle Trading Experiment revolved around the idea whether great traders are made or born. You can read about Richard Dennis in… Continue reading Richard Dennis Commodity Trader Turned $1,600 Into $200 Million in 10 Years!
Metal Traders Can Keep Screaming In London For Now!
Pit trading might have become relegated to the past but with today’s decision, pit trading can continue for some more time at the London Metal Exchange. Pit trading is the tradition of face to face bidding that will help the London Metal Exchange stay credible in the wake of the recent financial scandals relating to… Continue reading Metal Traders Can Keep Screaming In London For Now!